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Questions and Answers
What is one of the key responsibilities of a finance manager?
What is one of the key responsibilities of a finance manager?
- Finding ways to control and improve the company's financial position (correct)
- Generating enough resources to fund company activities
- Recording and analyzing financial transactions
- Issuing additional shares of stock
Which of the following best describes financial management?
Which of the following best describes financial management?
- The process of raising, allocating and controlling a company's funds (correct)
- The process of managing cash flows in a company
- The process of issuing shares of stock in a company
- The process of recording and analyzing financial transactions
When might a company need to borrow money?
When might a company need to borrow money?
- When it has a long-term need for funds
- When it needs to issue additional shares of stock
- When it has a short-term need for funds (correct)
- When it generates enough resources to fund its activities
What does a finance manager do with the cash that flows into the company?
What does a finance manager do with the cash that flows into the company?
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What is the relationship between financial management and accounting?
What is the relationship between financial management and accounting?
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